Is Amazon getting into the renewable natural gas business?

Amazon recently entered an agreement with Clean Energy for renewable natural gas and stock warrants.

Amazon’s newly announced (NASDAQ: AMZN) agreement with Clean Energy Fuels (NASDAQ: CLNE) to provide renewable natural gas (RNG) raises many questions.

The big one: Is Amazon getting into the RNG business?

Amazon will be fueling some of its vehicle fleet with Clean Energy’s low- and negative-carbon RNG. Perhaps most interesting is that Amazon could end up owning 19.99% of Clean Energy’s common stock on a fully diluted basis.

In an 8-K filing with the Securities and Exchange Commission, Clean Energy...

https://s29755.pcdn.co/news/is-amazon-getting-into-the-renewable-natural-gas-business

Electric, natural gas trucking sectors duel over who deserves funding — now

Natural gas proponents are hoping the coronavirus pandemic will accelerate adoption of natural gas trucks even as electric truck advocates double down on battery power as the key to reducing greenhouse gases and diesel particulate emissions.

“Buck for buck, natural gas vehicles are probably one of the most cost-effective alternative vehicles right now,” said Thomas Lawson, president of the California Natural Gas Vehicle Coalition, an industry association.

As the COVID-19 economic collapse forces...

https://www.freightwaves.com/news/the-future-is-electric-not-so-fast